Funding you earn now, next payment 07:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: Coinbase International against OKX−0.274%7-day average −0.238% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.259%−$26 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.274%, 7d avg −0.238%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.036% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.238%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LITE-USDT-SWAP | 950.01 | 0 | get 0.0000% / 8h | 39m 24s | $3.6M | $18.6M | 25x |
| Short | Coinbase International LITE-PERP-INTX | 947.41 | −0.0120 | pay 0.0015% / 1h | 39m 24s | $94K | $214K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: −0.274% → −0.238%
- −$3.59
- Slippage, 4 orders
- −$29.43
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$78.22
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Coinbase International: live order book, 63 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 4 min ago | 1.00 bp | 11.3 bp −$11 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 63 min ago | 8.91 bp | 13.9 bp −$14 | 19.5 bp −$195 | doesn't fit | doesn't fit |
LITE on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | −0.0152% | 8h | 949.98 | −0.003% | $2.6M | $3.1M | 20x | as long as short |
| Coinbase International LITE-PERP-INTXshort | −0.0120% | 1h | 947.41 | −0.274% | $94K | $214K | 10x | |
| Aster LITEUSDT | 0.0000% | 8h | 950.14 | +0.014% | $106K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 949.87 | −0.014% | $49K | $253K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 950.20 | +0.020% | $12.2M | $49.4M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 950.38 | +0.039% | $1.8M | $2.0M | 25x | as long as short |
| OKX LITE-USDT-SWAPlong | 0.0000% | 8h | 950.01 | long leg | $3.6M | $18.6M | 25x | |
| Gate LITE_USDT | 0.0000% | 8h | 950.73 | +0.076% | $8.0M | $6.5M | 50x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 951.07 | +0.112% | $261K | $143K | — | as long as short |
| GRVT LITE_USDT_Perp | 0.0000% | 8h | 950.87 | +0.090% | $970 | $194K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX LITE-USDT | 0.0000% | 8h | 950.10 | +0.009% | $961 | $3.7M | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | 0.0000% | 1h | 950.21 | +0.021% | $18K | $41K | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 950.57 | +0.059% | $7K | $31K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 950.68 | +0.071% | $1.5M | $736K | 10x | as long as short |
| QFEX LITE-USD | +0.0002% | 1h | 950.05 | +0.004% | $1.1M | $3.7M | 10x | as long as short |
| BloFin LITE-USDT | +0.0028% | 8h | 951.62 | +0.169% | $217K | $242K | 20x | as long as short |
| Lighter LITE | +0.0032% | 1h | 950.00 | −0.001% | $25K | $104K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 949.36 | −0.068% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 950.42 | +0.043% | $74K | $229K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 949.85 | −0.017% | $33K | $353K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 949.70 | −0.033% | $521K | $43K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 950.27 | +0.027% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 950.28 | +0.028% | $924 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 950.19 | +0.019% | — | — | 10x | as long as short |
| SoDEX LITE-USD | +0.0118% | 1h | 950.28 | +0.028% | $23K | $9K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0239% | 1h | 949.65 | −0.038% | $7.7M | $6.0M | 10x | as long as short |
| edgeX LITEUSDC | +0.0743% | 4h | 951.07 | +0.112% | $64K | $472K | 10x | as long as short |
OKX LITE-USDT-SWAP
Coinbase International LITE-PERP-INTX
Bitget LITEUSDT
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
Gate LITE_USDT
Variational Omni LITE
GRVT LITE_USDT_Perp
SunX LITE-USDT
Deribit LITE_USDC-PERPETUAL
HTX LITE-USDT
Phemex LITEUSDT
BloFin LITE-USDT
Lighter LITE
Polymarket Perps LITE-USD
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
SoDEX LITE-USD
tradeXYZ xyz:LITE
edgeX LITEUSDC